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- Lend-Lease was a policy under which the United States supplied the United Kingdom with food, oil, and materiel between 1941 and 19451. The policy was introduced in December 1940 by President Roosevelt23. It allowed the United States to lend military supplies to Great Britain for use in the fight against Germany23. Payment for the supplies would be deferred, and could come in any form Roosevelt deemed satisfactory3. The lend-lease program provided for military aid to any country whose defense was vital to the security of the United States4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Lend-Lease, formally the Lend-Lease Act and introduced as An Act to Promote the Defense of the United States (Pub. L. 77–11, H.R. 1776, 55 Stat. 31, enacted March 11, 1941), was a policy under which the United States supplied the United Kingdom, the Soviet Union, France, China, and other Allied nations with food, oil, and materiel between 1941 and 1945.en.wikipedia.org/wiki/Lend-LeaseIn December 1940, Churchill warned Roosevelt that the British were no longer able to pay for supplies. On December 17, President Roosevelt proposed a new initiative that would be known as Lend-Lease. The United States would provide Great Britain with the supplies it needed to fight Germany, but would not insist upon being paid immediatelyhistory.state.gov/milestones/1937-1945/lend-leaseIn December 1940, Roosevelt introduced a new policy initiative whereby the United States would lend, rather than sell, military supplies to Great Britain for use in the fight against Germany. Payment for the supplies would be deferred, and could come in any form Roosevelt deemed satisfactory.www.history.com/topics/world-war-ii/lend-lease-act-1The lend-lease program provided for military aid to any country whose defense was vital to the security of the United States. The plan thus gave Roosevelt the power to lend arms to Britain with the understanding that, after the war, America would be paid back in kind.www.history.com/this-day-in-history/fdr-introduces-t…
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WebApr 20, 2022 · With the situation increasingly dire for Britain, FDR and his treasury secretary Henry Morgenthau responded with yet another scheme called “lend-lease.”
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WebJul 3, 2019 · All told, Lend-Lease provided $50.1 billion worth of supplies to the Allies during the conflict, with $31.4 billion to Britain, $11.3 billion to the Soviet Union, $3.2 billion to France and $1.6 billion to China.
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